47207talley 47207talley

29-04-2024
Mathematics

Answered

Suppose that $9500 is placed in an account that pays 17% Interest compounded each year.
Assume that no withdrawals are made from the account.
Follow the instructions below. Do not do any rounding.
(a) Find the amount in the account at the end of 1 year.
$ ☐
(b) Find the amount in the account at the end of 2 years.
$

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